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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
REFINING
European refinery margins for March strengthened last week by +$1.06/bbl for the week to 13 February according to Onyx.
- Most of the products saw positive margins changes with particular increases in EBOB (+$2.19/bbl) and GO (+$1.95/bbl), outweighed the impact due to higher crude prices.
- Tighter supplies amid Red Sea diversions and European refinery maintenance as well as drone attacks on Russian energy infrastructure added support to margins in the past weeks.
- Brent FCC margin down -0.1$/bbl at 12.37$/bbl
- EU Gasoline-Brent down -0.2$/bbl at 17.13$/bbl
- EU Gasoil-Brent down -0.4$/bbl at 28.61$/bbl
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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